4053 Oakwood Avenue
Property Overview
We are pleased to present 4053 Oakwood Avenue, a rare 12-unit multifamily investment opportunity strategically located in a high-demand Hollywood enclave, bordered by the vibrant and rapidly appreciating neighborhoods of Larchmont Village, Silver Lake, and Koreatown. This well-maintained, 10,371-square-foot building offers an ideal unit mix of (2) Studios, (5) One-Bedroom Units, and (5) Two-Bedroom, Two-Bath Units, averaging an impressive 864 square feet per unit. Most units features a private balcony or patio and efficient, tenant-friendly layouts that enhance livability and long-term tenancy. Parking includes 6 tandem spaces and 4 individual spaces. With over 25% rental upside, this offering presents a compelling value-add opportunity for investors seeking strong in-place cash flow with significant near-term growth potential. The property's central location provides tenants with excellent connectivity, just two blocks from the 101 Freeway and the Vermont/Beverly Metro Station, ensuring easy access to DTLA, Hollywood, and beyond. Don't miss the chance to acquire a stable, well-located asset with built-in value and long-term upside in one of L.A.'s most desirable rental corridors.
Home Details
- Property type
- Residential Income
- Year built
- 1963
- Living area
- 10,371 sq ft
- Lot size
- 9,904 sq ft
- Parking
- 10 spaces
- Stories
- 2
- Days on market
- 8
- MLS status
- Active
- Architectural style
- MidCenturyModern
- Zoning
- LAR3
Features & Amenities
Appliances
- Refrigerator
Parking
- Attached Carport
- Assigned
- Covered
Pool
- None
Lot
- Rectangular Lot
Security
- Carbon Monoxide Detectors
- Gated Community
- Smoke Detectors
Community, Schools & Utilities
Community
- View
- CityLights
Utilities
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
- Sewer
- Other
Location & Neighborhood
Frequently Asked Questions About 4053 Oakwood Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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